Some consider bitcoin to be the best cryptocurrency to buy at the end of 2022, as at the current price, it may well become a bargain. The BTC coin is the best known and the most valuable among all the cryptos, but has seen a dip as of 2022. Down over 65 percent by 2022, bitcoin (BTC 0.22%) has been a more polarizing cryptocurrency.
Even with the release of countless cryptocurrency and blockchain platforms since Bitcoin, Bitcoin is still by far the largest cryptocurrency by market cap. Even with thousands of other cryptocurrencies in the market, Bitcoin still represents 40% of cryptocurrency market capitalization.
As the second largest cryptocurrency by market cap, Ethereum is far ahead of most cryptocurrency projects, with only Bitcoin to match it in this space. Its cryptographic token, which is specific to its platform, is now the second-largest digital currency by market cap behind Bitcoin, though it is trailing behind Bitcoin by a considerable margin.
If you look at the polygon price prediction 2030 seems a bit far away, but that’s how you should be conducting your overall risk-assessment of cryptos in general. Take a longer-term view.
With that in mind, you can currently buy Bitcoin, Ethereum, and Litecoin, as well as over 30+ other coins and tokens, at certain exchanges. A good exchange is a cryptocurrency-focused, specialist platform that allows direct trading of digital currencies including bitcoin, Ethereum, Litecoin, and bitcoin cash and others.
An exchange-issued coin is a form of cryptocurrency you can use to trade and pay fees, resulting in one of the largest crypto exchanges in the world, collectively. Bitcoin is a native token for cryptocurrency exchanges, where it is traded, and also for several other exchanges and platforms. As exchange issued coins are used for payment of transactions in a decentralized exchange as well as many other purposes, any emerging exchange-issued coin would naturally make for one of the fastest growing cryptos as of 2023, by mere trading volume.
Do all roads lead to bitcoin?
Bitcoin has proven a highly beneficial resource to the crypto exchange ecosystem, which has evolved from being just a trading platform for tokens to an intricate, diverse market. Bitcoin continues to lead the cryptocurrency pack in terms of market cap, user base, and popularity. Beyond this, the cryptocurrency space has expanded tremendously since Bitcoin launched more than a decade ago, and the next big digital token could launch tomorrow.
From Bitcoin and Ethereum to Dogecoin and Tether, there are thousands of different cryptocurrencies out there, and this can be overwhelming when you are just getting started in the world of cryptocurrency. You can now even buy eth with debit card payments, but understanding the cryptocurrency itself can be intimidating, and finding the right platform to buy and sell popular assets such as Bitcoin, Ethereum, and Litecoin can be an additional challenge if you are a crypto trader who is new. Cryptocurrency exchanges such as as well as some mainstream brokerages can help get you started investing in Bitcoin.
Before buying cryptocurrencies, you may want to check out any of the leading cryptocurrency exchanges to compare prices and safety features. This dominance means that bitcoin has a huge amount of momentum, making it the best cryptocurrency to invest in 2023 if you are new or just not trading much.